Topic: BetKing.io - 20% Rakeback Christmas Bonus - Most trusted Bitcoin Dice site - page 116. (Read 194693 times)

I believe the faucet is just to attract new players same as PD uses.. Not entirely sure though bb.
Surely Dean has good intention doing this.

That there was a limit set on faucet or that someone was abusing it?

disgusting

Running a promo tonight for the regular users.

If you have wagered before today and are chatting you will be eligible.

I'll be tipping random users random amounts of Bitcoin throughout tonight. Simple as that

86% of all faucet claims made are from you. You claimed the faucet over and over to send to other accounts to build up enough that at least one of the times you just cashed it out.

I set a limit on how much a single person can claim since it was clear that at least one person was abusing it.

wagering 200 btc for faucet not worth it. Got banned from faucet. Very disappointed.

1 btc

Can you be my lover melds?

Like the faucet. Good pass time.

Haha dooglus arguing this much over your play tokens. The level of butthurt is unreal.

That fact that you guys are complicit in selling mounds of these tokens off exchange to greater fools is basically criminal. If anyone buys that off Bay that's money they will never see again.
,

So you are stating that CLAM is a currency. The reason you closed JD was because of bill C-31 if I remember correctly? Which wasn't specific to Bitcoin but "virtual currencies".

If CLAM is a virtual currency used on a popular gambling website, traded on popular exchanges for Bitcoin and being traded with no record privately for Bitcoin how does this bill not affect you just like it did when you used Bitcoin as your currency?

It really depends on how and where you sell it.

If you dump it on an exchange, the price drops to about 10% of the current price. You'd have to be pretty silly to do that, but you could if you wanted to. People have dumped large amounts on the exchange before in anger trying to destroy the market. All that happened was a bunch of people got to buy some cheap CLAMs and the price recovered.

If you win 80k CLAM the max profit doesn't change much at all. Investors only risk 0.5% of their total effective investment, so the max profit would go down by 400 from 81.3k to 80.9k. If you won another 80k then a bunch of investors would be margin called and the max profit would drop significantly.


What's a reasonable amount of CLAM? The poloniex exchange is showing 4700 CLAM traded for BTC in the last 24 hours. Is that reasonable? I'm not sure what you're trying to say here. I don't have any trouble trading CLAM for BTC at all. People are almost always happy to trade it at the market price off-exchange because that way they avoid fees and slippage.


And yet here we are, mentioning it. Do you have any real points? CLAM is clearly used on gambling sites and is working as intended. It's nothing like Zynga or Pokerstars money.


BTC is more easily exchanged for other currencies than CLAM is of course. That doesn't mean that 182 BTC is worth more than 80k CLAM. It would probably take you a while to find buyers for 80k CLAM, but I would be surprised if you didn't get at least twice as much as 182 BTC for it. I recently escrowed a private transaction in which someone bought 10k CLAM for 65 BTC. The price hasn't moved much at all since then. At that rate 80k CLAM would sell for 65*8 = 520 BTC. Even if they only got half that they would still be getting more than the 182 BTC max bet at PRC.


I would get into this with you, but:


so I guess I won't bother. Needless to say you're wrong.

"Knock Knock."
"Who's there?"
"80,000"
"80,000 What?"
"80,000 Clams"
"Fuck off - not interested.."

Saying at the current price is warping the reality of the situation no matter how you look at it. Most trading happens on exchanges; the one minute blocks makes the process quick so I don't imagine people would lose much stake doing so.

My example clearly explains how your "max profit" is nothing other than hot air. I'm sorry if it annoys you or you don't agree, but it is what it is. If you traded 1 btc for 1 clam to yourself over and over you would never claim that just-dice had a max profit of 77,000 btc because that would obviously be ridiculous.

Dean should offer 100 Kelly so PRC can have a max profit of 2,600 bitcoins that be easily exchanged at the actual "current price"

But hey, spend your days trying to argue false premises in competitors threads for the sake of your gargantuan ego.

So say I win 80k clam and then go try and sell 10k of it, what happens to the price and what is the max payout of JD now?
You can't trade any reasonable amount of clam for Bitcoin. It's not even worth mentioning as a currency to use for gambling unless you are talking in the same sense of Zynga chips or Pokerstars play money.

So PRC is the highest as someone could win 182BTC and trade it instantly on Bitstamp.

I dunno who that guy is but you seem pretty offended by it as you have brought it up twice. Maybe PM them and work it out?

Most trading happens off the exchanges, as you well know. People don't leave their CLAMs idling in exchange orderbooks. CLAM is proof-of-stake, so they tend to be left somewhere that pays staking rewards. Like the JD bankroll for instance.

Note also I said "at the current price".

Do you not see that by missing out the word "Bitcoin" it turns your statement into a lie?

JD's max profit is bigger than PRC's. It's more than double in fact. So claiming that PRC has the highest is just plain wrong.

Similarly for the other guy, who claims that PRC is the longest running site with "investment" because I'm a caricature? Pretty weak.

Yeah because people are lining up to pile 500 BTC into an altcoin that serves no purpose outside of JD just to make the holders rich. Dream on buddy

haha good luck selling any decent amount of clams without crashing it completely.

80,000 CLAM isn't "worth" 500 BTC. I'm looking at the poloniex order books now, and it looks like if someone tried to sell even 5,000 of your site's play tokens it would drop the price over 80%. Now your 75,000 CLAMs are worth under 100 BTC. Funny how that works. But hey, never let "facts" get in the way of a good story